West Valley Market Conditions, September 2008

West Valley single family homes, condos and townhouses sales reports for September 2008 including: Avondale, El Mirage, Glendale, Goodyear, Laveen, Litchfield Park, Peoria, Sun City, Sun City West, Surprise, Tolleson.

Single Family Homes Sales in Avondale - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$260,419
$170,954
$160,586
-6.06%
-38.34%
Sale Price
$251,621
$168,437
$164,562
-2.3%
-34.6%
% of Asking Price
96.62%
98.53%
102.48%
4.01%
6.06%
Price/SqFt
$122
$83
$85
2.41%
-30.33%
DOM*
132
114
103
-9.65%
-21.97%
Total Transactions
63
137
209
52.55%
231.75%

 

Single Family Homes Sales in El Mirage - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$197,446
$123,785
$116,365
-5.99%
-41.06%
Sale Price
$194,608
$133,681
$117,748
-11.92%
-39.49%
% of Asking Price
98.56%
107.99%
101.19%
-6.3%
2.67%
Price/SqFt
$114
$81
$70
-13.58%
-38.6%
DOM*
104
82
83
1.22%
-20.19%
Total Transactions
30
94
87
-7.45%
190%

 

Single Family Homes Sales in Glendale - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$317,594
$209,691
$177,813
-15.2%
-44.01%
Sale Price
$305,797
$203,816
$175,271
-14.01%
-42.68%
% of Asking Price
96.29%
97.2%
98.57%
1.41%
2.37%
Price/SqFt
$154
$105
$97
-7.62%
-37.01%
DOM*
98
113
106
-6.19%
8.16%
Total Transactions
138
274
348
27.01%
152.17%

 

Condos/Townhouses Sales in Glendale - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$128,027
$122,608
$101,889
-16.9%
-20.42%
Sale Price
$124,542
$117,933
$98,171
-16.76%
-21.17%
% of Asking Price
97.28%
96.19%
96.35%
0.17%
-0.96%
Price/SqFt
$131
$88
$81
-7.95%
-38.17%
DOM*
109
139
91
-34.53%
-16.51%
Total Transactions
26
12
18
50%
-30.77%

 

Single Family Homes Sales in Goodyear - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$317,060
$219,335
$212,013
-3.34%
-33.13%
Sale Price
$298,524
$213,608
$206,374
-3.39%
-30.87%
% of Asking Price
94.15%
97.39%
97.34%
-0.05%
3.39%
Price/SqFt
$128
$97
$90
-7.22%
-29.69%
DOM*
116
100
113
13%
-2.59%
Total Transactions
78
154
148
-3.9%
89.74%

 

Condos/Townhouses Sales in Goodyear - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$195,633
$154,521
$150,387
-2.68%
-23.13%
Sale Price
$186,610
$124,725
$127,477
2.21%
-31.69%
% of Asking Price
95.39%
80.72%
84.77%
5.02%
-11.13%
Price/SqFt
$149
$110
$117
6.36%
-21.48%
DOM*
142
59
105
77.97%
-26.06%
Total Transactions
3
2
1
-50%
-66.67%

 

Single Family Homes Sales in Laveen - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$262,828
$207,651
$183,635
-11.57%
-30.13%
Sale Price
$248,740
$205,901
$182,627
-11.3%
-26.58%
% of Asking Price
94.64%
99.16%
99.45%
0.29%
5.08%
Price/SqFt
$111
$90
$87
-3.33%
-21.62%
DOM*
97
104
84
-19.23%
-13.4%
Total Transactions
28
92
93
1.09%
232.14%

 

Single Family Homes Sales in Litchfield Park - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$343,954
$255,082
$228,298
-10.5%
-33.63%
Sale Price
$334,931
$243,925
$226,195
-7.27%
-32.47%
% of Asking Price
97.38%
95.63%
99.08%
3.61%
1.75%
Price/SqFt
$138
$95
$95
0%
-31.16%
DOM*
124
103
98
-4.85%
-20.97%
Total Transactions
13
54
46
-14.81%
253.85%

 

Single Family Homes Sales in Peoria - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$325,386
$257,465
$235,827
-8.4%
-27.52%
Sale Price
$311,925
$251,432
$231,044
-8.11%
-25.93%
% of Asking Price
95.86%
97.66%
97.97%
0.32%
2.2%
Price/SqFt
$151
$112
$112
0%
-25.83%
DOM*
111
113
103
-8.85%
-7.21%
Total Transactions
89
227
234
3.08%
162.92%

 

Condos/Townhouses Sales in Peoria - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$170,600
$166,933
$172,133
3.12%
0.9%
Sale Price
$158,975
$162,633
$166,650
2.47%
4.83%
% of Asking Price
93.19%
97.42%
96.81%
-0.63%
3.88%
Price/SqFt
$137
$109
$123
12.84%
-10.22%
DOM*
140
80
154
92.5%
10%
Total Transactions
4
3
6
100%
50%

 

Single Family Homes Sales in Sun City - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$198,211
$181,196
$165,525
-8.65%
-16.49%
Sale Price
$188,545
$173,557
$155,441
-10.44%
-17.56%
% of Asking Price
95.12%
95.78%
93.91%
-1.95%
-1.27%
Price/SqFt
$118
$90
$94
4.44%
-20.34%
DOM*
153
199
167
-16.08%
9.15%
Total Transactions
48
50
56
12%
16.67%

 

Condos/Townhouses Sales in Sun City - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$116,583
$104,506
$111,747
6.93%
-4.15%
Sale Price
$107,542
$101,431
$100,153
-1.26%
-6.87%
% of Asking Price
92.24%
97.06%
89.63%
-7.66%
-2.83%
Price/SqFt
$100
$84
$88
4.76%
-12%
DOM*
107
166
212
27.71%
98.13%
Total Transactions
12
16
15
-6.25%
25%

 

Single Family Homes Sales in Sun City West - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$244,164
$227,721
$238,342
4.66%
-2.38%
Sale Price
$235,091
$215,037
$222,514
3.48%
-5.35%
% of Asking Price
96.28%
94.43%
93.36%
-1.13%
-3.03%
Price/SqFt
$123
$121
$119
-1.65%
-3.25%
DOM*
180
129
173
34.11%
-3.89%
Total Transactions
41
19
36
89.47%
-12.2%

 

Condos/Townhouses Sales in Sun City West - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$132,960
$121,960
$117,133
-3.96%
-11.9%
Sale Price
$125,400
$113,400
$106,083
-6.45%
-15.4%
% of Asking Price
94.31%
92.98%
90.57%
-2.59%
-3.97%
Price/SqFt
$103
$100
$90
-10%
-12.62%
DOM*
82
132
158
19.7%
92.68%
Total Transactions
5
5
3
-40%
-40%

 

Single Family Homes Sales in Surprise - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$262,801
$194,996
$185,212
-5.02%
-29.52%
Sale Price
$254,746
$192,723
$184,081
-4.48%
-27.74%
% of Asking Price
96.93%
98.83%
99.39%
0.57%
2.54%
Price/SqFt
$120
$91
$85
-6.59%
-29.17%
DOM*
118
104
99
-4.81%
-16.1%
Total Transactions
117
286
283
-1.05%
141.88%

 

Condos/Townhouses Sales in Surprise - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$154,083
$155,675
$97,050
-37.66%
-37.01%
Sale Price
$142,941
$165,000
$90,667
-45.05%
-36.57%
% of Asking Price
92.77%
105.99%
93.42%
-11.86%
0.7%
Price/SqFt
$125
$142
$115
-19.01%
-8%
DOM*
84
140
151
7.86%
79.76%
Total Transactions
7
4
6
50%
-14.29%

 

Single Family Homes Sales in Tolleson - September, 2008

September, 2007 August, 2008 September, 2008 Monthly Change in % Annual Change in %
Asking Price
$236,236
$153,835
$153,015
-0.53%
-35.23%
Sale Price
$230,023
$156,586
$166,351
6.24%
-27.68%
% of Asking Price
97.37%
101.79%
108.72%
6.81%
11.66%
Price/SqFt
$110
$76
$79
3.95%
-28.18%
DOM*
67
87
93
6.9%
38.81%
Total Transactions
39
70
110
57.14%
182.05%

 

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